6 J Avenue Wildwood, NJ 08260

$549,900
0.07
Acres
2,866
SQFT
192
$/SQFT
$549,900
2,866   sf
$192 / sf
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new 4 hrs ago
1/3
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Unlock the potential of this income generating, two-story duplex offering tremendous built-in upside. The spacious first-floor unit (1,960 sq ft) features 3 bedrooms, 1 bath, a large eat-in kitchen, comfortable living room, in-unit laundry, and a 24' x 8' enclosed porch. Currently rented month-to-month at $1,050 with area comps supporting rents around $2,100 after updates. The second-floor unit (906 sq ft) includes 2 bedrooms, 1 bath, a bright eat-in kitchen, and a cozy living room, and is currently occupied by family at no rent, giving new owners full flexibility. Similar units are renting for approximately $1,400 per month. With strong rental demand and a projected stabilized income of $3,500 and up per month once improved, this property offers a clear value-add opportunity through cosmetic and functional upgrades. Whether you choose to live in one unit while renovating the other or bring both to market as high-performing rentals, the cash-flow potential far outweighs the upfront work. This duplex is more than a property, it’s a meaningful equity building opportunity ready to be unlocked.

Unlock the potential of this income generating, two-story duplex offering tremendous built-in upside. The spacious first-floor unit (1,960 sq ft) features 3 bedrooms, 1 bath, a large eat-in kitchen, comfortable living room, in-unit laundry, and a 24' x 8' enclosed porch. Currently rented month-to-month at $1,050 with area comps supporting rents around $2,100 after updates. The second-floor unit (906 sq ft) includes 2 bedrooms, 1 bath, a bright eat-in kitchen, and a cozy living room, and is currently occupied by family at no rent, giving new owners full flexibility. Similar units are renting for approximately $1,400 per month. With strong rental demand and a projected stabilized income of $3,500 and up per month once improved, this property offers a clear value-add opportunity through cosmetic and functional upgrades. Whether you choose to live in one unit while renovating the other or bring both to market as high-performing rentals, the cash-flow potential far outweighs the upfront work. This duplex is more than a property, it’s a meaningful equity building opportunity ready to be unlocked.

  • Neighborhood
  • Type
  • County
    Cape May
  • Area
    West Wildwood Boro
  • Tax Amount
    $3,934
  • Status
    Active
  • Listing #
    NJCM2006466
  • Built
    1930
  • Lot Size
    0.07
  • Listed on site
    5 hours
  • Listing Agent Id
    1700005504348

Listed by:
Homestead Real Estate Co Inc.

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Style

  • Duplex
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